Overview
$1.3M Revenue, fiscal 20212 -$8.4M Net income, fiscal 20212
Industry Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies Business address 5-1-1206 Hefeng Jiangan, Nianqing Rd., Meilan District, Haikou, Hainan Province, F4 5702033 Filer category Non-accelerated filer, Smaller reporting company3
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021 -81.8% Revenue growth, 20212 Where the money goes Where each dollar of revenue went, fiscal 2021 Cost of revenue
Cost of revenue 100¢ $1.7M Income tax 0¢ $1.8K Out of $1.3M in revenue.2 The company lost money this year.
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue2 $1.3M in 2021−82% since 2020 0 $2.0M $4.0M $6.0M $8.0M 2020: $7.2M $7.2M 2020 2021: $1.3M $1.3M 2021 −82% Gross profit2 -$427.3K in 2021-$1.0M 0 $1.0M $2.0M $3.0M $4.0M 2020: $3.1M $3.1M 2020 2021: -$427.3K -$427.3K 2021 Operating income2 -$8.1M in 2021+329% since 2020 -$10.0M -$7.5M -$5.0M -$2.5M 0 2020: -$1.9M -$1.9M 2020 2021: -$8.1M -$8.1M 2021 +329% Net income4 5 2 -$8.4M in 2021+110% since 2018 -$10.0M -$7.5M -$5.0M -$2.5M 0 2018: -$4.0M -$4.0M 2018 2019: -$48.9K -$48.9K 2019 −99% 2020: -$2.0M -$2.0M 2020 +3912% 2021: -$8.4M -$8.4M 2021 +331%
Revenue6 7 $1.4M in Q3 FY2022+123750% since Q2 FY2021 0 $500.0K $1.0M $1.5M Q2 FY2021: $1.1K $1.1K Q2 FY2021 Q3 FY2022: $1.4M $1.4M Q3 FY2022 +123750% Gross profit6 7 -$333.9K in Q3 FY2022−60% since Q2 FY2021 -$1.0M -$750.0K -$500.0K -$250.0K 0 Q2 FY2021: -$833.3K -$833.3K Q2 FY2021 Q3 FY2022: -$333.9K -$333.9K Q3 FY2022 −60% Operating income6 7 -$1.1M in Q3 FY2022−70% since Q2 FY2021 -$4.0M -$3.0M -$2.0M -$1.0M 0 Q2 FY2021: -$3.6M -$3.6M Q2 FY2021 Q3 FY2022: -$1.1M -$1.1M Q3 FY2022 −70% Net income6 7 -$1.1M in Q3 FY2022−70% since Q2 FY2021 -$4.0M -$3.0M -$2.0M -$1.0M 0 Q2 FY2021: -$3.6M -$3.6M Q2 FY2021 Q3 FY2022: -$1.1M -$1.1M Q3 FY2022 −70%
Fiscal year 2018 2019 2020 2021 Revenue $7.2M2 $1.3M2 Cost of revenue $4.0M2 $1.7M2 Gross profit $3.1M2 -$427.3K2 Operating income -$1.9M2 -$8.1M2 Income tax $12.7K2 $1.8K2 Net income -$4.0M4 -$48.9K5 -$2.0M2 -$8.4M2
Total assets4 2 $20.4M in 2021+408746% since 2018 0 $10.0M $20.0M $30.0M 2018: $5.0K $5.0K 2018 2020: $9.2M $9.2M 2020 +183514% 2021: $20.4M $20.4M 2021 +123% Total liabilities2 $33.9M in 2021+150% since 2020 0 $10.0M $20.0M $30.0M $40.0M 2020: $13.6M $13.6M 2020 2021: $33.9M $33.9M 2021 +150% Shareholders’ equity5 2 -$13.5M in 2021+95363% since 2018 -$15.0M -$10.0M -$5.0M 0 2018: -$14.1K -$14.1K 2018 2019: -$2.5M -$2.5M 2019 +17913% 2020: -$4.4M -$4.4M 2020 +73% 2021: -$13.5M -$13.5M 2021 +207% Cash5 2 $1.2M in 2021+23901% since 2018 0 $1.0M $2.0M $3.0M $4.0M 2018: $5.0K $5.0K 2018 2019: $3.1M $3.1M 2019 +61099% 2020: $2.7M $2.7M 2020 −11% 2021: $1.2M $1.2M 2021 −56%
Total assets6 7 $18.1M in Q3 FY2022−2% since Q2 FY2021 0 $5.0M $10.0M $15.0M $20.0M Q2 FY2021: $18.5M $18.5M Q2 FY2021 Q3 FY2022: $18.1M $18.1M Q3 FY2022 −2% Total liabilities6 7 $41.4M in Q3 FY2022+2% since Q2 FY2021 0 $20.0M $40.0M $60.0M Q2 FY2021: $40.5M $40.5M Q2 FY2021 Q3 FY2022: $41.4M $41.4M Q3 FY2022 +2% Shareholders’ equity6 7 -$23.2M in Q3 FY2022+5% since Q2 FY2021 -$30.0M -$20.0M -$10.0M 0 Q2 FY2021: -$22.1M -$22.1M Q2 FY2021 Q3 FY2022: -$23.2M -$23.2M Q3 FY2022 +5% Cash6 7 $107.4K in Q3 FY2022−19% since Q2 FY2021 0 $50.0K $100.0K $150.0K Q2 FY2021: $133.0K $133.0K Q2 FY2021 Q3 FY2022: $107.4K $107.4K Q3 FY2022 −19%
Fiscal year 2018 2019 2020 2021 Cash $5.0K5 $3.1M2 $2.7M2 $1.2M2 Current assets $5.0K4 $8.8M2 $11.8M2 Total assets $5.0K4 $9.2M2 $20.4M2 Current liabilities $19.1K4 $26.5K5 $13.6M2 $28.9M2 Total liabilities $13.6M2 $33.9M2 Shareholders’ equity -$14.1K5 -$2.5M2 -$4.4M2 -$13.5M2 Shares outstanding 3.3M shares4 35.3M shares4 110.3M shares5 110.3M shares2
Cash from operations4 5 2 -$1.6M in 2021+11222% since 2018 -$2.0M -$1.5M -$1.0M -$500.0K 0 2018: -$14.1K -$14.1K 2018 2019: -$1.8K -$1.8K 2019 −88% 2020: -$1.6K -$1.6K 2020 −11% 2021: -$1.6M -$1.6M 2021 +101743% Capital spending2 $176.0K in 2021+3314% since 2020 0 $50.0K $100.0K $150.0K $200.0K 2020: $5.2K $5.2K 2020 2021: $176.0K $176.0K 2021 +3314% Free cash flow2 -$1.8M in 2021+26259% since 2020 -$2.0M -$1.5M -$1.0M -$500.0K 0 2020: -$6.7K -$6.7K 2020 2021: -$1.8M -$1.8M 2021 +26259%
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2018 2019 2020 2021 Cash from operations -$14.1K4 -$1.8K5 -$1.6K2 -$1.6M2 Capital spending $5.2K2 $176.0K2 Free cash flow -$6.7K -$1.8M
Compare Cang Bao Tian Xia International Art Trade Center, Inc. with another company
Leadership
Who has led Cang Bao Tian Xia International Art Trade Center, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive officer Xingtao Zhou Feb 8, 2019 to Aug 4, 2020 8 Chief executive officer Jason Lu Apr 5, 2007 to Dec 17, 2008 9 Chief executive officer Thomas W. Colligan Jan 17, 2006 to Jan 17, 2006 10 Chair Peter Wang Mar 15, 2007 to Dec 17, 2008 11 President Peter Wang Mar 15, 2007 to Dec 17, 2008 11 President Thomas W. Colligan Jan 17, 2006 to Jan 17, 2006 10 Chief financial officer Xingtao Zhou Feb 8, 2019 to Aug 4, 2020 8 Chief financial officer Ming He Apr 5, 2007 to Apr 5, 2007 12
Board members and other officers (6) Senior Vice President Philip Widmann Apr 5, 2007 to Dec 17, 2008 13 Board member Liang Tan Feb 8, 2019 to Aug 4, 2020 14 Board member Xingtao Zhou Feb 8, 2019 to Aug 4, 2020 8 Board member Haining Liu Apr 5, 2007 to Apr 5, 2007 15 Board member Jason Lu Apr 5, 2007 to Dec 17, 2008 9 Board member Thomas W. Colligan Jan 17, 2006 to Jan 17, 2006 10
Former names
Zhongchai Machinery, Inc. Sep 30, 2010 to Jan 11, 20193 EQUICAP INC Oct 27, 2000 to Oct 15, 20103
Timeline
Feb 8, 2019 New chief executive Xingtao Zhou becomes CEO8 Apr 5, 2007 New chief executive Jason Lu becomes CEO9 Jan 17, 2006 New chief executive Thomas W. Colligan becomes CEO10
Filings
7 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 3 other. The latest 7:
Oct 4, 2024 REVOKED EDGAR Sep 29, 2022 NT 10-K NOTIFICATION OF LATE FILING EDGAR May 16, 2022 10-Q QUARTERLY REPORT EDGAR Feb 22, 2022 10-Q QUARTERLY REPORT EDGAR Feb 14, 2022 NT 10-Q NOTIFICATION OF LATE FILING EDGAR Nov 15, 2021 10-Q QUARTERLY REPORT EDGAR Oct 13, 2021 10-K ANNUAL REPORT EDGAR
Every filing from the last three years, summarized . The full record is on SEC EDGAR.